Did you know donating investments directly to a registered charity eliminates the capital gains tax entirely? Here's how it works: 📊 You purchased stocks for $10,000 📈 They're now worth $50,000 🎁 Donate directly → $0 tax on the $40,000 gain a $50,000 donation receipt Selling first and then donating the cash? You'd owe tax on that $40,000 gain before a single dollar reaches the charity. Donating publicly traded stocks, mutual funds, or bonds directly to a registered charity is one of the most
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TikTokcanadiantaxenthusiast
Did you know donating investments directly to a registered charity eliminates the capital gains tax entirely? Here's how it works: 📊 You purchased stocks for $10,000 📈 They're now
Canadian Tax Enthusiast(@canadiantaxenthusiast). Golden Hour Rush - 政恒. Did you know donating investments directly to a registered charity eliminates the capital gains tax entirely? Here's how it works: 📊 You purchased stocks for $10,000 📈 They're now worth $50,000 🎁 Donate directly → $0 tax on the $40,000 gain + a $50,000 ...
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Inland Revenue Department Services
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After four decades, the Inland Revenue Department relocated its operation to a new building today Monday, July 24th, 2023. In an interview with SVGTV news, Comptroller of the Inland Revenue Department Kelvin Pompey said that he is elated they have reached this milestone to offer service to the citizens of SVG in a more comfortable environment. Pompey said he anticipates a smooth transition from their new head office on Grenville Street adjacent to Star Garage & opposite the Methodist Church Hall
7:42
After four decades, the Inland Revenue Department relocated its operation to a new building today Monday, July 24th, 2023. In an interview with SVGTV news, Comptroller of the Inland Revenue Department Kelvin Pompey said that he is elated they have reached this milestone to offer service to the citizens of SVG in a more comfortable environment. Pompey said he anticipates a smooth transition from their new head office on Grenville Street adjacent to Star Garage & opposite the Methodist Church Hall
FacebookSVG TV
5.3K viewsJul 24, 2023
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Donate smart. 💰 Save tax. Donating to a registered charity in Canada can help reduce your tax bill. Make sure you keep your donation receipt.#donation #taxcredit #tax #canada #education
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Donate smart. 💰 Save tax. Donating to a registered charity in Canada can help reduce your tax bill. Make sure you keep your donation receipt.#donation #taxcredit #tax #canada #education
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